Netflix is opening its own video game studio as part of latest pivot into gaming [CNN]
Electronic Arts Inc. (EA)
Last electronic arts inc. earnings: 1/30 04:01 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.ea.com
Company Research
Source: CNN
The streaming giant is building its first in-house video game studio in Helsinki, Finland, as it expands its empire over mobile games, Netflix announced Monday. The news comes after a tough year for Netflix (NFLX) , which said it lost subscribers for the first time in more than a decade and has seen its stock plunge more than 60% in 2022, amid a broader market downturn . Despite some recent cost-cutting efforts , Tom Forte, senior research analyst at D.A. Davidson, said he sees the pivot into gaming as an “example of Netflix (NFLX) playing offense, not just defense.” “To Netflix's credit, they're a long-term thinker,” Forte said. “If you think about their pivots, the DVDs to streaming, they think long-term and they act long-term.” Forte added that Netflix was especially astute in “identifying early” that gaming was a competitive threat to its audience, given how much time people are now spending both playing and streaming video games. This segue also provides another way for Ne
Show less
Read more
Impact Snapshot
Event Time:
EA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
EA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
EA alerts
High impacting Electronic Arts Inc. news events
Weekly update
A roundup of the hottest topics
EA
News
- Fintech gaming startup Sanlo's webshop tool could help developers avoid costly app store fees [TechCrunch]TechCrunch
- 3 Top Gaming Stocks to Buy in April [Yahoo! Finance]Yahoo! Finance
- Discover Vibrant Realms and Bantu Myths in Tales of Kenzera™: ZAU, Surgent Studios' Heartfelt Indie Adventure [Yahoo! Finance]Yahoo! Finance
- Discover Vibrant Realms and Bantu Myths in Tales of Kenzera™: ZAU, Surgent Studios’ Heartfelt Indie AdventureBusiness Wire
- Electronic Arts Inc. (NASDAQ: EA) had its "outperform" rating re-affirmed by analysts at Oppenheimer Holdings Inc.. They now have a $150.00 price target on the stock.MarketBeat
EA
Earnings
- 1/30/24 - Miss
EA
Sec Filings
- 4/16/24 - Form 4
- 4/10/24 - Form SC
- 4/2/24 - Form 4
- EA's page on the SEC website